Market Overview:
The global electrolyte reagents market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electrolyte reagents from hospitals, diagnostic laboratories, academic institutes & research centers, and specialty clinics. In addition, the growing awareness about the benefits of using electrolyte reagents is also contributing to the growth of this market. Based on type, chloride electrolyte reagent held a major share of the global electrolyte reagents market in 2017. This segment is expected to continue its dominance during the forecast period due to its high usage in various applications such as hospitals and diagnostic laboratories.
Product Definition:
An electrolyte reagent is a chemical that is used to dissolve another chemical so that it can be more easily separated. Electrolyte reagents are important because they allow chemists to more easily purify and isolate chemicals.
Chloride Electrolyte Reagent:
Chloride electrolyte reagent is a solution of sodium chloride and potassium or lithium chloride. It's used as an electrolyte in the battery during the manufacturing process of rechargeable batteries. The product also finds its usage in fuel cells, where it helps regulate chlorine flow & distribution within the cell and aids to improve performance by increasing capacity & reducing maintenance costs.
Magnesium Electrolyte Reagent:
Magnesium Electrolyte Reagent is a colorless solution containing magnesium ion and anions. It's used in the measurement of total electrolytes, magnesium and calcium in blood or plasma. Magnesium Electrolyte Reagent helps to maintain the balance of fluids in body cells by maintaining osmotic pressure which is also known as colligative property.
Increasing incidence of heart failure due to hypertension, hyperthyroidism, diabetes mellitus.
Application Insights:
The market is segmented by application into hospitals, diagnostic laboratories, academic institutes and research centers, specialty clinics, and others. Hospitals held the largest share in 2017 owing to increasing prevalence of chronic diseases such as cardiovascular diseases (CVDs), diabetes mellitus type 2, respiratory disorders including asthma and COPD. This is anticipated to fuel demand for electrolyte reagents over the forecast period.
Electrolyte reagents are used in various clinical applications such as hospital diagnostics laboratories; home healthcare testing; point-of-care testing at medical facilities; endoscopy/colonoscopy labs; blood gas analyzers/lab machines; automated external defibrillators (AEDs); drug delivery systems for patients suffering from cardiac arrest or coma due to Cardiac Arrhythmia Syndrome (CAS).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing cases of chronic diseases, rising healthcare expenditure, and high adoption of advanced diagnostic technologies. In addition, growing number of product launches is also expected to drive the regional demand for electrolyte reagents over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to presence of a large target population.
In 2016, North America accounted for approximately 34% share in terms of revenue due mainly to high prevalence rate associated with several chronic diseases such as cardiovascular disease (CVD), diabetes & obesity which are majorly caused by unhealthy lifestyle choices such as smoking.
Growth Factors:
- Increasing demand for electrolyte reagents in the pharmaceutical and biotechnology industries for the manufacture of drugs and vaccines.
- Growing demand from research institutes and academic institutions for use in basic research and drug discovery programs.
- Increasing use of electrolyte reagents in clinical diagnostics to detect various diseases at early stages.
- Rising demand from hospitals and diagnostic centers for point-of-care testing (POCT).
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrolyte Reagents Market Research Report
By Type
Chloride Electrolyte Reagent, Magnesium Electrolyte Reagent, Phosphorus Electrolyte Reagent, Potassium Electrolyte Reagent, Calcium Electrolyte Reagent, Lithium Electrolyte Reagent, Other
By Application
Hospitals, Diagnostic Laboratories, Academic Institutes & Research Centers, Specialty Clinics
By Companies
Mitasabishi Chemical, Randox Laboratories, Merck Group (Sigma-Aldrich Corporation), Nova-Tech International, Inc., EKF Diagnostics USA (Stanbio Laboratory), Beckmann Coulter Inc. (Danaher Corporation), Abbott Laboratories, F. Hoffmann-la Roche Ltd, Ortho clinical diagnostics Inc., Siemens AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Electrolyte Reagents Market Report Segments:
The global Electrolyte Reagents market is segmented on the basis of:
Types
Chloride Electrolyte Reagent, Magnesium Electrolyte Reagent, Phosphorus Electrolyte Reagent, Potassium Electrolyte Reagent, Calcium Electrolyte Reagent, Lithium Electrolyte Reagent, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Laboratories, Academic Institutes & Research Centers, Specialty Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitasabishi Chemical
- Randox Laboratories
- Merck Group (Sigma-Aldrich Corporation)
- Nova-Tech International, Inc.
- EKF Diagnostics USA (Stanbio Laboratory)
- Beckmann Coulter Inc. (Danaher Corporation)
- Abbott Laboratories
- F. Hoffmann-la Roche Ltd
- Ortho clinical diagnostics Inc., Siemens AG
Highlights of The Electrolyte Reagents Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Chloride Electrolyte Reagent
- Magnesium Electrolyte Reagent
- Phosphorus Electrolyte Reagent
- Potassium Electrolyte Reagent
- Calcium Electrolyte Reagent
- Lithium Electrolyte Reagent
- Other
- By Application:
- Hospitals
- Diagnostic Laboratories
- Academic Institutes & Research Centers
- Specialty Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrolyte Reagents Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electrolyte reagents are chemicals that can be used to dissolve minerals in water.
Some of the major companies in the electrolyte reagents market are Mitasabishi Chemical, Randox Laboratories, Merck Group (Sigma-Aldrich Corporation), Nova-Tech International, Inc., EKF Diagnostics USA (Stanbio Laboratory), Beckmann Coulter Inc. (Danaher Corporation), Abbott Laboratories, F. Hoffmann-la Roche Ltd, Ortho clinical diagnostics Inc., Siemens AG.
The electrolyte reagents market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electrolyte Reagents Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electrolyte Reagents Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electrolyte Reagents Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electrolyte Reagents Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electrolyte Reagents Market Size & Forecast, 2018-2028
4.5.1 Electrolyte Reagents Market Size and Y-o-Y Growth
4.5.2 Electrolyte Reagents Market Absolute $ Opportunity
Chapter 5 Global Electrolyte Reagents Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electrolyte Reagents Market Size Forecast by Type
5.2.1 Chloride Electrolyte Reagent
5.2.2 Magnesium Electrolyte Reagent
5.2.3 Phosphorus Electrolyte Reagent
5.2.4 Potassium Electrolyte Reagent
5.2.5 Calcium Electrolyte Reagent
5.2.6 Lithium Electrolyte Reagent
5.2.7 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electrolyte Reagents Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electrolyte Reagents Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Laboratories
6.2.3 Academic Institutes & Research Centers
6.2.4 Specialty Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electrolyte Reagents Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electrolyte Reagents Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electrolyte Reagents Analysis and Forecast
9.1 Introduction
9.2 North America Electrolyte Reagents Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electrolyte Reagents Market Size Forecast by Type
9.6.1 Chloride Electrolyte Reagent
9.6.2 Magnesium Electrolyte Reagent
9.6.3 Phosphorus Electrolyte Reagent
9.6.4 Potassium Electrolyte Reagent
9.6.5 Calcium Electrolyte Reagent
9.6.6 Lithium Electrolyte Reagent
9.6.7 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electrolyte Reagents Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Laboratories
9.10.3 Academic Institutes & Research Centers
9.10.4 Specialty Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electrolyte Reagents Analysis and Forecast
10.1 Introduction
10.2 Europe Electrolyte Reagents Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electrolyte Reagents Market Size Forecast by Type
10.6.1 Chloride Electrolyte Reagent
10.6.2 Magnesium Electrolyte Reagent
10.6.3 Phosphorus Electrolyte Reagent
10.6.4 Potassium Electrolyte Reagent
10.6.5 Calcium Electrolyte Reagent
10.6.6 Lithium Electrolyte Reagent
10.6.7 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electrolyte Reagents Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Laboratories
10.10.3 Academic Institutes & Research Centers
10.10.4 Specialty Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electrolyte Reagents Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electrolyte Reagents Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electrolyte Reagents Market Size Forecast by Type
11.6.1 Chloride Electrolyte Reagent
11.6.2 Magnesium Electrolyte Reagent
11.6.3 Phosphorus Electrolyte Reagent
11.6.4 Potassium Electrolyte Reagent
11.6.5 Calcium Electrolyte Reagent
11.6.6 Lithium Electrolyte Reagent
11.6.7 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electrolyte Reagents Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Laboratories
11.10.3 Academic Institutes & Research Centers
11.10.4 Specialty Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electrolyte Reagents Analysis and Forecast
12.1 Introduction
12.2 Latin America Electrolyte Reagents Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electrolyte Reagents Market Size Forecast by Type
12.6.1 Chloride Electrolyte Reagent
12.6.2 Magnesium Electrolyte Reagent
12.6.3 Phosphorus Electrolyte Reagent
12.6.4 Potassium Electrolyte Reagent
12.6.5 Calcium Electrolyte Reagent
12.6.6 Lithium Electrolyte Reagent
12.6.7 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electrolyte Reagents Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Laboratories
12.10.3 Academic Institutes & Research Centers
12.10.4 Specialty Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electrolyte Reagents Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electrolyte Reagents Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electrolyte Reagents Market Size Forecast by Type
13.6.1 Chloride Electrolyte Reagent
13.6.2 Magnesium Electrolyte Reagent
13.6.3 Phosphorus Electrolyte Reagent
13.6.4 Potassium Electrolyte Reagent
13.6.5 Calcium Electrolyte Reagent
13.6.6 Lithium Electrolyte Reagent
13.6.7 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electrolyte Reagents Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Laboratories
13.10.3 Academic Institutes & Research Centers
13.10.4 Specialty Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electrolyte Reagents Market: Competitive Dashboard
14.2 Global Electrolyte Reagents Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitasabishi Chemical
14.3.2 Randox Laboratories
14.3.3 Merck Group (Sigma-Aldrich Corporation)
14.3.4 Nova-Tech International, Inc.
14.3.5 EKF Diagnostics USA (Stanbio Laboratory)
14.3.6 Beckmann Coulter Inc. (Danaher Corporation)
14.3.7 Abbott Laboratories
14.3.8 F. Hoffmann-la Roche Ltd
14.3.9 Ortho clinical diagnostics Inc., Siemens AG
